SocketRocket
Ryder Cup Winner
Hook line and sinker
Brexit - or Article 50: the Phoenix!
- Thread starter drdel
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robinthehood
Hacker
Yes you were, the BOE is set a target of 2% inflation. It went up to over 3% after the EU referendum. Now it's back on target again. Not sure where the cold water is .
SocketRocket
Ryder Cup Winner
Vote Leave!
U
User62651
Guest
Wrong , why on earth would anyone want to hear bad news concerning their jobs, prosperity, children etc.
You need to give up on this personal vendetta....please.
Doon frae Troon
Ryder Cup Winner
Very good article on blinkered thinking and our intuitions.
https://medium.com/@koenfucius/blinkers-and-intuitions-b8e98b91d06b
https://medium.com/@koenfucius/blinkers-and-intuitions-b8e98b91d06b
SocketRocket
Ryder Cup Winner
Sure, although it's not a one way Road.
SocketRocket
Ryder Cup Winner
Hopefully you learned something and will reduce the trolling.
Mudball
Assistant Pro
I am with you on this... thats why I will not buying a Ford any time soon.. they are talking down Britain by saying no-deal will be catastrophic for them. Who do they think they are..
drdel
Tour Rookie
To those interested in supporting the UK's membership and continuing to pay into the EU you best hope we have deep pockets as the fragility is there because of Juncker's policy of unbridled QE....
Ludovic Subran, deputy chief economist at Allianz, told Bloomberg: “If France stops consuming and Germany stops producing, you have a major problem in the eurozone.â€
Salman Ahmed, chief investment strategist at Lombard Oliver, told Bloomberg: “The concern I have right now is in Europe. “It’s clear China is going through a slowdown, but there’s also a strong amount of stimulus in the pipeline. However, in Europe, things are deteriorating quite fast.â€
Ludovic Subran, deputy chief economist at Allianz, told Bloomberg: “If France stops consuming and Germany stops producing, you have a major problem in the eurozone.â€
Salman Ahmed, chief investment strategist at Lombard Oliver, told Bloomberg: “The concern I have right now is in Europe. “It’s clear China is going through a slowdown, but there’s also a strong amount of stimulus in the pipeline. However, in Europe, things are deteriorating quite fast.â€
robinthehood
Hacker
To be fair, if Europe goes titsup. We go with it regardless if we are in or out.
drdel
Tour Rookie
Not true. The UK has several economic levers at its disposal which the ECB and Euro does not.
I could have posted this in Random Irritations but I don't want that thread to become politicised:
We have a key customer in Germany. They have contacted me today to advise if we go out with no deal or even a deal that includes tariffs, then they will no longer buy from us. They don't want the hassle of paperwork, additional costs from tariffs.
. They have only a few UK suppliers but they are telling all of them the same thing.
Other customers are starting to place orders to cover the leave date plus extra to avoid duties / tariffs. That is okay if one customer orders 3 months worth of stock in one go but when more and more do then it stuffs me for raw materials and prodcution time. I'm trying to be as helpful as possible during this sensitive time for UK companies but I can't fit 50 days of production into 30 days.
One UK customer, actually about 50 miles from where we are, rang up to ask how Brexit will affect us supplying them. 'It wont, there are no issues.' 'Should we order earlier and take more in?' ' No, there is no need, your products contain no EU raw materials, we are 50 miles away so there are no tariffs' 'Are you sure we don't need to order more?'
Times are starting to get a little stressful.
We have a key customer in Germany. They have contacted me today to advise if we go out with no deal or even a deal that includes tariffs, then they will no longer buy from us. They don't want the hassle of paperwork, additional costs from tariffs.
. They have only a few UK suppliers but they are telling all of them the same thing.Other customers are starting to place orders to cover the leave date plus extra to avoid duties / tariffs. That is okay if one customer orders 3 months worth of stock in one go but when more and more do then it stuffs me for raw materials and prodcution time. I'm trying to be as helpful as possible during this sensitive time for UK companies but I can't fit 50 days of production into 30 days.
One UK customer, actually about 50 miles from where we are, rang up to ask how Brexit will affect us supplying them. 'It wont, there are no issues.' 'Should we order earlier and take more in?' ' No, there is no need, your products contain no EU raw materials, we are 50 miles away so there are no tariffs' 'Are you sure we don't need to order more?'
Times are starting to get a little stressful.
drdel
Tour Rookie
I could have posted this in Random Irritations but I don't want that thread to become politicised:
We have a key customer in Germany. They have contacted me today to advise if we go out with no deal or even a deal that includes tariffs, then they will no longer buy from us. They don't want the hassle of paperwork, additional costs from tariffs.
Other customers are starting to place orders to cover the leave date plus extra to avoid duties / tariffs. That is okay if one customer orders 3 months worth of stock in one go but when more and more do then it stuffs me for raw materials and prodcution time. I'm trying to be as helpful as possible during this sensitive time for UK companies but I can't fit 50 days of production into 30 days.
One UK customer, actually about 50 miles from where we are, rang up to ask how Brexit will affect us supplying them. 'It wont, there are no issues.' 'Should we order earlier and take more in?' ' No, there is no need, your products contain no EU raw materials, we are 50 miles away so there are no tariffs' 'Are you sure we don't need to order more?'
Times are starting to get a little stressful.
Unfortunately there's a lot of misinformation, propaganda and down right ignorance causing panic in the minds or so-called intelligent people. Keep a steady nerve and good luck (for what its worth).
bluewolf
Money List Winner
Thread ban lifted for one post/..I could have posted this in Random Irritations but I don't want that thread to become politicised:
We have a key customer in Germany. They have contacted me today to advise if we go out with no deal or even a deal that includes tariffs, then they will no longer buy from us. They don't want the hassle of paperwork, additional costs from tariffs.
Other customers are starting to place orders to cover the leave date plus extra to avoid duties / tariffs. That is okay if one customer orders 3 months worth of stock in one go but when more and more do then it stuffs me for raw materials and prodcution time. I'm trying to be as helpful as possible during this sensitive time for UK companies but I can't fit 50 days of production into 30 days.
One UK customer, actually about 50 miles from where we are, rang up to ask how Brexit will affect us supplying them. 'It wont, there are no issues.' 'Should we order earlier and take more in?' ' No, there is no need, your products contain no EU raw materials, we are 50 miles away so there are no tariffs' 'Are you sure we don't need to order more?'
Times are starting to get a little stressful.
I'm sorry that this sh1t5how is affecting you in this way. People start to panic when there is no certainty. This situation is a stain on both sides and will inflict damage to both sides.
I hope you push through this without too much turbulence.
Thread ban reinstated/..
robinthehood
Hacker
🙄
Foxholer
Blackballed
Such as? Purely asking to ensure 'full disclosure' of course, not because of any doubt/suggestion of (unreasonable) bias.
SocketRocket
Ryder Cup Winner
What kind of comment is that. If you repute his reply then explain yourself.
drdel
Tour Rookie
I stated economic reality. You didn't bother to ask a question so what's your point. Since I do not know what you don't know about the ECB rules and Eurozone currency regs I can't hope to help.
It took 2 years, post-vote, to reach 3%, and is now at a 2 year low of 1.8%.
Have a look at the rate of inflation in the EU countries during that time. The EU also had a 2% target, and are concerned it isn't there now. Have a look at the rate of inflation in the USA during that time.
So you're blaming Brexit? Best blame Brexit for the rest of the EU and the USA's rate too.
"And chicken-Licken said to Henny-Penny the sky is falling in." Oh, the wind is from the north. Let's blame Brexit! Utter rubbish.
Sweep
Journeyman Pro
It is interesting to hear about your German customer.I could have posted this in Random Irritations but I don't want that thread to become politicised:
We have a key customer in Germany. They have contacted me today to advise if we go out with no deal or even a deal that includes tariffs, then they will no longer buy from us. They don't want the hassle of paperwork, additional costs from tariffs.
Other customers are starting to place orders to cover the leave date plus extra to avoid duties / tariffs. That is okay if one customer orders 3 months worth of stock in one go but when more and more do then it stuffs me for raw materials and prodcution time. I'm trying to be as helpful as possible during this sensitive time for UK companies but I can't fit 50 days of production into 30 days.
One UK customer, actually about 50 miles from where we are, rang up to ask how Brexit will affect us supplying them. 'It wont, there are no issues.' 'Should we order earlier and take more in?' ' No, there is no need, your products contain no EU raw materials, we are 50 miles away so there are no tariffs' 'Are you sure we don't need to order more?'
Times are starting to get a little stressful.
When importing there is definitely less paperwork and customs hassle for the customer when buying from within the EU, so I can see their point. For the exporter there is often extra paperwork when selling to the EU (EC Sales List, Intrastat etc).
However, the paperwork / customs from you post no deal Brexit would only be the same as if they were improrting from anywhere else outside the EU. Maybe they only buy from the EU and they think they can get the same product, quality and service from elsewhere in the EU.
I suppose it will be the same for UK buyers of EU products.
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